Does Adrienne Maloof Still Own The Kings: Current Status
Adrienne Maloof does not currently own the Los Angeles Kings. The Kings are owned by Philip Anschutz through AEG, which has controlled the franchise since its founding. The Maloof family were former owners of the Sacramento Kings (1998–2013) and held a minority stake in the Kings during the early 2013 transition before selling to Anschutz. Adrienne Maloof has no known present ownership stake in the team. This overview clarifies the timeline, roles, and changes to help distinguish past involvement from current status.
Quick Clarifying Facts
| Attribute | Verified Detail | Source Type |
|---|---|---|
| Current Owner | Philip Anschutz (via AEG) | NBA league filings & club announcements |
| Maloof Family Tenure | 1998–2013 (Sacramento Kings) | NBA records & business reports |
| Transition to Anschutz | Completed May 2013 | NBA & team press releases |
| Adrienne Maloof Current Role | No ownership stake reported | Public business disclosures & statements |
Early Context: The Maloof Family And Sacramento
The Maloof family, including Adrienne Maloof, became publicly associated with professional basketball through the Sacramento Kings. In 1998, they purchased the then-NBC (Kansas City Kings) and relocated the franchise to Sacramento, where it operated as the Sacramento Kings until 2013. During this period, the family held majority ownership and were visible figures in franchise operations, making decisions around arena plans, coaching, and player personnel. Their tenure ended in 2013 when the franchise was sold to Phil Anschutz’s AEG. The move concluded a chapter in which the Maloofs were prominent but not connected to the Los Angeles side of the league.
The Los Angeles Kings: Ownership Timeline
Founded in 1967 as an expansion team, the Los Angeles Kings were originally owned by Jack Kent Cooke. Following Cooke’s death, the team went through ownership transitions, eventually being purchased by Philip Anschutz in 1995. Anschutz’s company, AEG, has maintained ownership ever since. During the late 1990s and early 2000s, the Kings experienced competitive fluctuations, including deep playoff runs in the 2010s, under the consistent ownership of AEG. The family-owned era of the Sacramento Kings overlapped only briefly with this period and did not extend into Los Angeles.
Key Ownership Milestones
| Date or Period | Event | Why It Matters |
|---|---|---|
| 1967 | Kings founded; owned by Jack Kent Cooke | Establishment of the franchise in Los Angeles |
| 1995 | Philip Anschutz acquires the Kings | Long-term stability and corporate ownership under AEG |
| 1998–2013 | Maloof family owns Sacramento Kings | Family’s sole NBA ownership, not in Los Angeles |
| May 2013 | Sale to Anschutz/AEG completed | Transition ends Maloof family NBA ownership |
| Present | Philip Anschutz (AEG) owns the Kings | Current legal and operational ownership |
Adrienne Maloof’s Role And Public Statements
Adrienne Maloof, known publicly as a member of the extended Maloof family, has not claimed ownership of the Los Angeles Kings in interviews, social media, or public appearances. Her public presence is largely tied to personal ventures and family-related topics, not the operational affairs of the Kings. Statements from business disclosures and family-related coverage show no reported equity or governance role with the Los Angeles franchise. This absence of claims aligns with the broader understanding that the family’s ownership was specific to Sacramento and concluded in 2013.
Addressing Common Misconceptions
- Name association does not imply ownership; the Maloof surname appears in basketball history due to Sacramento, not Los Angeles.
- Business disclosures and public records show no current equity stake in the Kings for Adrienne Maloof.
- The 2013 sale legally transferred all ownership from the Maloof family to Philip Anschutz, closing any potential claims.
Legal And Financial Aspects Of The Transfer
The 2013 sale that transferred the Kings from the Maloof family to Philip Anschutz was one of the largest transactions in NBA history at the time, finalized for approximately $535 million. The deal was scrutinized by the NBA and Department of Justice to ensure compliance with league ownership rules. Documentation from that process confirms that all rights, trademarks, and operational control moved to Anschutz’s entity. Since then, no legal challenges or partial reversals have occurred that would suggest lingering ownership by prior parties, including members of the Maloof family.
Current Governance And Public Records
Official NBA records list Philip Anschutz as the principal owner, with AEG managing the business operations of the Los Angeles Kings. Annual ownership filings, franchise valuations, and press releases consistently reflect this structure. Public databases maintained by the league show no alternate or shared ownership for the Los Angeles club. Any suggestion of continued involvement by Adrienne Maloof is not supported by these records or by credible public statements from associated parties.
Summary And Perspective
The question of whether Adrienne Maloof still owns the Kings can be answered clearly: she does not. The family’s historical ownership was limited to the Sacramento Kings from 1998 to 2013 and never included Los Angeles. The complete transfer to Philip Anschutz in 2013 ended any ownership claims. Moving forward, references to the Maloof name in relation to the Kings pertain to past Sacramento involvement, not current Los Angeles governance. This clarification helps frame ongoing discussions about the franchise with accurate, up-to-date context.